I just sold a 95-L with 76K actual miles on it. I really did like the truck, but I saw the gas price thing coming, and since I have wanted a Cobra for a long time, I sold my L and bought a 94 low miles Cobra.
My truck was unmolested, but I put underdrives on it. It ran great, and had tons of power. I got about 11mpg in town though.
These trucks are overall tough as nails. I have a friend that has 165K on his 95, and has ran NOS on it for several years, and it is still going strong.
IMHO view, if you are looking for a really tough fun truck and don't mind the mileage, get a Lightning. Not too bad of an investment either, though they haven't appreciated like I had anticipated.
OkieHog--Ebay 525+ no negs
1967 Fastback, SB, Auto, Dlx Int; 1968 GT, 390 4 Spd Fstbck;1969 Mach 1 CJ, auto, Shaker, fire victim--Need parts!; 93 Teal Cobra